Sports
Barcelona move to restore glory days, sell off assets to make signings
Barcelona’s attempts to establish themselves once again as a force in La Liga and the Champions League this season have seen the heavily-indebted Catalans gamble with their future to enable a striking summer spending spree.
A year after being forced to let Lionel Messi go as eye-watering reported debts of 1.35 billion euros ($1.39 billion) crippled the club, Barcelona have spent 153 million euros on transfer fees alone to strengthen their squad, with Robert Lewandowski the most notable new arrival.
“This is a really exciting season. Nothing would give me more pleasure than to make all the fans happy,” coach Xavi Hernandez said before last weekend’s 6-0 friendly win over Mexican side Pumas UNAM.
“That means winning trophies. That is our main objective.”
After three years of struggles, on and off the field, the summer has seen hope return to Camp Nou, with president Joan Laporta talking of an exciting “new era” when the club unveiled Lewandowski as a Barcelona player.
“Euphoria” was the headline on the cover of local daily Sport the same day.
Even partisan Madrid-based sports daily Marca admitted that Barca were “frightening” in the wake of their drubbing of Pumas UNAM last weekend, when Lewandowski scored his first goal since his arrival from Bayern Munich.
Yet how Barcelona have gone about raising the funds to sign Lewandowski, as well as centre-backs Jules Kounde and Andreas Christensen, AC Milan midfielder Franck Kessie, and Leeds United’s Brazilian winger Raphinha has raised eyebrows.
Faced with severe limits on spending in order to comply with La Liga’s financial controls, Barcelona knew they needed to raise money quickly to be able to invest in any signings and, crucially, to register any new players.
– Pulling levers –
They quickly set about selling off assets to bring in money by activating a series of what have been called economic “levers”.
The club sold 25 per cent of their domestic television rights for the next quarter of a century to US investment firm Sixth Street for some 400 million euros.
Barcelona sold 24.5 per cent of Barca Studios, which manages the club’s digital business and audiovisual productions, to Socios.com for 100 million euros on August 1, and then another 25 per cent to US investment firm GDA Luma for 100 million euros more.
In the space of a few weeks, 600 million euros had been brought in to fill the coffers.
The aim was to clean up the club’s finances, make it possible to increase the salary limit set by La Liga and allow the new signings to all be registered for the start of the season.
On top of that, Barca signed the biggest sponsorship deal in their history with Spotify, bringing in a reported 435 million euros for the music streaming giant to feature on the club’s shirts and to have naming rights to the Camp Nou.
And so Barcelona look well placed to become serious title contenders again as they prepare to host Rayo Vallecano this weekend.
Only time will tell if mortgaging part of the club’s assets in exchange for an immediate influx of cash will bear fruit.
– De Jong to leave? –
Yet, Barcelona are still waiting for La Liga to allow them to register their new signings, although they hope to be able to do so in time for the season.
They are also hoping to further ease their financial problems by reducing their wage bill.
The Catalans have been trying to persuade Frenkie de Jong to leave, with suggestions even made that a contract he signed in 2020 was not legal. The Dutch midfielder says he wants to stay.
Martin Braithwaite, Samuel Umtiti and Memphis Depay are also candidates to depart the Camp Nou, with the latter reportedly a target for Juventus.
On top of that, efforts have been made to persuade certain players, including Gerard Pique and Sergio Busquets, to accept wage reductions.
Barca’s “economic miracle”, as the press have called it, still has to be transformed into a footballing miracle.
Former Arsenal star, Jack Wilshere, has sent a message to the Gunners ahead of their UEFA Champions League final with Paris Saint-Germain.
Arsenal will take on the French Ligue 1 giants in the Champions League final this year in Budapest on Saturday evening.
Mikel Arteta’s side had lost 3-1 on aggregate against PSG in the Champions League semi-final stage last year.
Speaking on TNT Sports (via GOAL), Wilshere remembered Arsenal about their last year’s defeat to PSG and urged them to use it as a revenge to get a win against Luis Enrique’s side when both sides meet again this weekend.
“Now that the Premier League is over the line, I know that the Premier League was the one. I know that Mikel wanted that. I know that the boys wanted that,” Wilshere said.
“Now you have to go through some tough times and learn from it. I hope that the Champions League semi-final [PSG 3-1 Arsenal] last year hurt them enough that they can go on and use that [against PSG].
“I think when you are on the pitch, and you are playing against your direct opponent, you learn so much about them. And to face them next year, they will be better for that.”
Captain of the Super Falcons, Rasheedat Ajibade, has said the team is determined to become the best women’s football team in the world.
Ajibade spoke yesterday at the Presidential Villa, Abuja, during a reception hosted by President Bola Ahmed Tinubu in honour of the Falcons following their victory at the 2024 Women’s Africa Cup of Nations (WAFCON) in Morocco.
The Nigerian ladies clinched their 10th continental title after a hard-fought campaign, further cementing their status as Africa’s most successful women’s team.
Ajibade, in an emotional speech, said the team’s goal goes beyond continental glory.
“We’re not content to rest on our laurels. Our vision is bold. We want to become the best women’s football team in the world,” the Atletico Madrid star said.
She described herself as “a proud daughter of Nigeria” and paid tribute to the dreams of young girls across the country who look up to the team.
“This victory is not just a trophy. It is a testament to the unyielding spirit of Nigeria. It is a celebration of every young girl in our villages, towns, and cities who dares to dream,” she said.
Ajibade, who spoke on behalf of the team, coaches, and technical crew, thanked the Federal Government for its support and appealed for continued investment in women’s football.
President Tinubu, in his address, conferred national honours of Officer of the Order of the Niger (OON) on all 24 players and the 11-member technical crew.
The President also approved the allocation of three-bedroom apartments to each team member under the Renewed Hope Housing Scheme and a cash reward of the naira equivalent of $100,000 for each player, while members of the technical team received $50,000 each.
He praised the Falcons for lifting the nation’s spirit and inspiring unity through their performance.
“You have inspired millions, especially young girls who now see proof that their dreams are valid and achievable,” Tinubu said.
“You have inspired me too. You represent the hope of today, tomorrow, and the day after. You ignited that hope. And we will continue to encourage you and the next generation.”
The President said the Falcons’ WAFCON victory was not just a sporting feat but a symbol of the courage, discipline and resilience that define Nigerians.
“Your victory represents more than a sporting accomplishment. It is a triumph of courage, determination, discipline, and consistency,” he said.
The reception was attended by top government officials, sports administrators, and stakeholders in the football community.
A member of the House of Representatives, Hon. Aderemi Oseni, has congratulated the Super Falcons on their historic 3-2 comeback victory over hosts Morocco in the final of the 2025 Women’s Africa Cup of Nations on Saturday.
The Falcons, who came from two goals down to seal the win in Rabat, clinched their 10th WAFCON title—further cementing their status as the most successful team in the history of the competition. Reacting to the victory, Oseni described the performance as “a warrior’s triumph that speaks volumes about the indomitable Nigerian spirit.”
In a statement issued by his media aide, Idowu Ayodele in Ibadan, the lawmaker representing Ibarapa East/Ido Federal Constituency said the team’s resilience should serve as a symbol of hope and unity for the entire nation. “They refused to surrender. That comeback from two goals down defines who we are as Nigerians—strong, focused, and unstoppable when united,” he said.
The Falcons had gone behind in the 13th minute when Morocco’s Ghizlane Chebbak capitalised on a loose ball to fire past goalkeeper Chiamaka Nnadozie. The hosts doubled their lead through Sanaâ Mssoudy before halftime, putting Nigeria on the back foot before the break.
However, second-half goals from Esther Okoronkwo, Folashade Ijamilusi, and Jennifer Echegini turned the game on its head, securing victory for Coach Justin Madugu’s side and avenging their 2024 semi-final loss to the North Africans. Oseni also hailed Madugu’s tactical brilliance, describing him as “the architect of a new chapter in women’s football in Nigeria.”
The lawmaker who also chairs the House Committee on Federal Roads Maintenance Agency (FERMA) joined other national figures, including President Bola Tinubu and First Lady Oluremi Tinubu, in celebrating the Falcons. The President had earlier taken to his verified social media accounts to praise the team’s performance, declaring, “Mission X: Complete!” while Sanwo-Olu, Governor of Lagos, described it as a flawless display of Nigerian spirit.
Oseni urged the Falcons not to rest on their laurels but to build on the momentum ahead of their title defence and the 2027 FIFA Women’s World Cup. “This is just the beginning. You have inspired millions of girls across the continent. Keep flying the flag and keep making Nigeria proud,” he added.
He also called on sports authorities and private stakeholders to invest more in women’s football, noting that the team’s success was proof of the untapped potential in the sector. “We have global stars in the making. Now is the time to give them the platform and support they truly deserve,” the lawmaker submitted.
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